Wednesday, July 13, 2016

Array Technologies Finds Private Equity Backer For Solar Tracking Hardware

Albuquerque, New Mexico-based Array Technologies, which develops solar tracking hardware for the utility-scale, photovoltaic energy market, has found a private equity backer, Oaktree Capital Management. The company announced the investment from Oaktree on Tuesday. Size of the investment round was not announced. The funding came from the Power Opportunities group of Oaktree Capital Management, which invests in the energy and utility sector. Array Technologies is led by CEO Ron Corio. More information »